Artemis and iUNU will explore opportunities to offer more financing solutions to their CEA customers after the deal completes.
It saw an explosion of activity after the onset of Covid-19 as farmers sought ways to meet consumers’ rising demand for locally-produced food.
The Canadian startup is hoping to give aquaculture farmers a boost by floating them cash while they wait 30-90 days for payment from buyers.
The Chennai-based startup will use the pre-Series A funds to strengthen its fintech offering, while also boosting the volume of seafood exports it handles.
MiiMOSA recently raised $9 million in venture funding from Astanor and other investors in an effort to expand its market reach.
The Mumbai-based startup says it has handled rural business transactions worth over $385 million during the past year, financing more than 15% of them itself.
CEO Pamitra Wineka said the funding will help the startup to strengthen its regional presence and boost Indonesian ag’s global competitiveness.
The Los Angeles-based startup will use the capital to expand its presence in Latin American markets, while also building out its tech and sales capabilities.
Agrolend is aiming to offer better financing options for Brazilian farmers who have faced challenges like depreciation of the country’s currency.
With its Credit Score of Agriculture tool, the Wisconsin startup is hoping more data in agricultural lending can modernize and demystify the process.
Through Arkansas-based AcreTrader, investors can add farmland to their portfolios – while farmers can get financial assistance to purchase new land or infrastructure.
The Indian startup plans to build out its lending capabilities, as well as adding insurance and crop spraying to its roster of farmer-focused services.
Delhi-based Arya, which provides grain storage and loans to smallholders, is fintech investor Quona Capital’s second ag finance deal.
Iowan corn growers are backing startups, entrepreneurs, and funds to help ensure their industry keeps ahead of the ag innovation curve.
Trade, logistics, and supply chain management are among the other areas to be targeted by the new government-backed initiative.
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